Twin Tree Management, LP

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Twin Tree Management, LP reported 390 stock positions worth $2.1 billion. Its top holding was SS SPDR S&P Biotech ETF (XBI) at 3.1% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 2.7%) and Vaneck Junior Gold Miners (GDXJ, 2.3%). Compared with Q2 2025, it opened 153 new positions, sold out of 196, added to 75 and reduced 162. The biggest buy was a new position in SS SPDR S&P 500 ETF Trust-US (SPY) and the biggest sale Quanta Services (PWR, shares −99%).

Most Recent 13F
Q2 2026
Location
DALLAS, TX
CIK
0001535588
Portfolio Value
$2.1B (Q3 2025)
SEC Filing
0001535588-25-000009 ↗ filed Nov 13, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $4.4B Q1 2024 Q2 2024: $3.4B Q2 2024 Q3 2024: $4.3B Q3 2024 Q4 2024: $4.1B Q4 2024 Q1 2025: $4.5B Q1 2025 Q2 2025: $4.0B Q2 2025 Q3 2025: $2.1B $2.1B Q3 2025 Q4 2025: $976.2M Q4 2025 Q1 2026: $476.2M Q1 2026 Q2 2026: $642.1M Q2 2026

Holdings 390 stocks · $2.1B
XBI SS SPDR S&P Biotech ETF 3.12% 666,187 $66.8M Add +81.2%
SPY SS SPDR S&P 500 ETF Trust-US 2.74% 88,100 $58.7M New
GDXJ Vaneck Junior Gold Miners 2.26% 489,674 $48.5M Add +51.9%
IGV iShares Expanded Tech-Softwa 1.99% 371,495 $42.7M Reduce -59.2%
STX Seagate Technology Holdings 1.88% 170,997 $40.4M New
GLW Corning Inc. 1.71% 446,054 $36.6M Add +38.5%
SOFI Sofi Technologies Inc. 1.65% 1,337,074 $35.3M Reduce -10.9%
AEM Agnico Eagle Mines Ltd. 1.60% 203,153 $34.2M Reduce -43.5%
SMH Vaneck Semiconductor ETF 1.37% 90,212 $29.4M Reduce -68.5%
MS Morgan Stanley 1.35% 182,146 $29.0M Add +66.0%
TMO Thermo Fisher Scientific Inc. 1.34% 59,013 $28.6M Add +98.8%
XLK SS Technology Select Sector 1.23% 93,792 $26.4M Reduce -69.4%
RY Royal Bank of Canada 1.22% 177,732 $26.2M Reduce -3.8%
KLAC KLA Corp. 1.20% 23,737 $25.6M Add +22506.7%
NKE Nike Inc. Class B 1.18% 363,195 $25.3M Reduce -28.2%
SOXX iShares Semiconductor ETF 1.17% 92,210 $25.0M Reduce -65.5%
GLD SPDR Gold Shares 1.16% 69,607 $24.7M Add +40.2%
COIN Coinbase Global Inc. Class A 1.15% 73,095 $24.7M New
XLF SS Financial Select Sector 1.15% 455,950 $24.6M Add +102.8%
APH Amphenol Corp. Class A 1.10% 190,962 $23.6M Reduce -65.7%
GS Goldman Sachs Group Inc. 1.07% 28,729 $22.9M Reduce -53.3%
CVS CVS Health Corp. 0.96% 273,208 $20.6M New
GOOGL Alphabet Inc. Class A 0.96% 84,263 $20.5M New
WDC Western Digital Corp. 0.94% 167,202 $20.1M Add +162.9%
TTD Trade Desk Inc./the Class A filed as THE TRADE DESK INC 0.93% 405,892 $19.9M Reduce -0.4%
KGC Kinross Gold Corp. 0.91% 787,017 $19.6M Reduce -17.7%
TSM Taiwan Semiconductor-SP ADR 0.90% 69,028 $19.3M Reduce -36.5%
CIEN Ciena Corp. 0.89% 131,506 $19.2M Add +35.5%
META Meta Platforms Inc. Class A 0.88% 25,754 $18.9M New
LMT Lockheed Martin Corp. 0.86% 36,743 $18.3M Add +50.4%
CNI Canadian Natl Railway Co. 0.85% 192,278 $18.1M Reduce -37.0%
B Barrick Mining Corp. 0.84% 548,214 $18.0M Add +122.4%
CMG Chipotle Mexican Grill Inc. 0.81% 442,951 $17.4M Add +121.1%
ENB Enbridge Inc. 0.80% 341,411 $17.2M Add +208.1%
TER Teradyne Inc. 0.77% 119,048 $16.4M Reduce -37.8%
HWM Howmet Aerospace Inc. 0.76% 83,464 $16.4M Reduce -74.7%
ARM Arm Holdings PLC-ADR 0.73% 110,894 $15.7M Reduce -46.5%
NEM Newmont Corp. 0.66% 167,058 $14.1M Add +1613.6%
EWZ iShares MSCI Brazil ETF 0.65% 450,897 $14.0M Add +2.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.65% 49,387 $13.9M New
GFI Gold Fields Ltd.-Spons ADR 0.64% 325,678 $13.7M New
AVGO Broadcom Inc. 0.64% 41,270 $13.6M New
AMAT Applied Materials Inc. 0.62% 64,778 $13.3M Reduce -56.0%
SLV iShares Silver Trust 0.58% 293,591 $12.4M Reduce -21.9%
MRVL Marvell Technology Inc. 0.58% 147,694 $12.4M Reduce -56.6%
PEP Pepsico Inc. 0.58% 88,135 $12.4M New
LLY Eli Lilly & Co. 0.58% 16,206 $12.4M Reduce -47.4%
XYZ Block Inc. 0.55% 163,269 $11.8M Add +202.7%
LHX L3HARRIS Technologies Inc. 0.55% 38,572 $11.8M Add +68.8%
IWM iShares Russell 2000 ETF 0.55% 48,611 $11.8M New
IBKR Interactive Brokers Gro Class A 0.54% 166,602 $11.5M Reduce -25.9%
TMUS T-Mobile US Inc. 0.53% 47,804 $11.4M New
HOOD Robinhood Markets Inc. Class A 0.52% 77,396 $11.1M Reduce -25.2%
XRT SS SPDR S&P Retail ETF 0.51% 127,181 $11.0M Reduce -62.9%
ADBE Adobe Inc. 0.51% 30,936 $10.9M Reduce -48.9%
CCL Carnival Corp. 0.51% 374,800 $10.8M Reduce -58.1%
OKTA Okta Inc. 0.49% 114,326 $10.5M Reduce -48.3%
CVE Cenovus Energy Inc. 0.48% 601,831 $10.2M Add +123.6%
EWY iShares MSCI South Korea ETF 0.47% 125,957 $10.1M Reduce -36.1%
QQQM Invesco Nasdaq 100 ETF 0.46% 39,712 $9.8M New
MRK Merck & Co. Inc. 0.45% 115,164 $9.7M Reduce -33.4%
OR Or Royalties Inc. 0.44% 235,975 $9.5M Add +2372.2%
AMZN Amazon.com Inc. 0.43% 42,235 $9.3M New
REXR Rexford Industrial Realty Inc. 0.41% 215,484 $8.9M New
WYNN WYNN Resorts Ltd. 0.41% 68,269 $8.8M Add +13.7%
PM Philip Morris International 0.40% 53,162 $8.6M Reduce -68.5%
SMCI Super Micro Computer Inc. 0.40% 179,732 $8.6M Reduce -40.8%
LULU Lululemon Athletica Inc. 0.40% 48,325 $8.6M Reduce -76.6%
MAR Marriott International Class A 0.40% 32,886 $8.6M Reduce -32.1%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.40% 247,951 $8.5M Add +22.8%
MDB Mongodb Inc. 0.39% 27,074 $8.4M Add +37.3%
HD Home Depot Inc. 0.39% 20,606 $8.3M Reduce -67.2%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.39% 17,886 $8.3M New
CI The Cigna Group 0.39% 28,724 $8.3M Reduce -30.3%
WBS Webster Financial Corp. 0.38% 137,913 $8.2M Add +52.7%
EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC 0.38% 92,706 $8.2M Reduce -26.1%
GM General Motors Co. 0.38% 132,178 $8.1M Reduce -69.3%
KVUE Kenvue Inc. 0.38% 495,236 $8.0M Add +16.6%
HON Honeywell International Inc. 0.37% 37,232 $7.8M Reduce -19.1%
BROS Dutch Bros Inc. Class A 0.36% 149,283 $7.8M Add +872.2%
IWR iShares Russell Mid-Cap ETF 0.36% 80,824 $7.8M Add +42.8%
AU Anglogold Ashanti PLC 0.36% 109,728 $7.7M New
LITE Lumentum Holdings Inc. 0.36% 46,769 $7.6M New
SHOP Shopify Inc. Class A 0.35% 50,585 $7.5M Reduce -66.2%
AFRM Affirm Holdings Inc. 0.35% 102,477 $7.5M Reduce -48.4%
PFE Pfizer Inc. 0.35% 291,400 $7.4M New
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.34% 119,839 $7.4M Add +1935.0%
DECK Deckers Outdoor Corp. 0.34% 72,548 $7.4M Add +0.8%
ALNY Alnylam Pharmaceuticals Inc. 0.34% 16,005 $7.3M New
LYFT LYFT Inc. Class A 0.34% 329,712 $7.3M Add +32.0%
IMO Imperial Oil Ltd. 0.34% 79,314 $7.2M New
SBUX Starbucks Corp. 0.33% 84,526 $7.2M Reduce -26.2%
LRCX Lam Research Corp. 0.33% 52,132 $7.0M Reduce -61.0%
FLR Fluor Corp. 0.32% 165,161 $6.9M Reduce -44.9%
ORLY O'reilly Automotive Inc. 0.32% 62,923 $6.8M New
ACHR Archer Aviation Inc. Class A 0.32% 705,689 $6.8M Add +212.3%
LEN Lennar Corp. Class A 0.32% 53,559 $6.8M Add +212.2%
PAAS Pan American Silver Corp. 0.31% 173,880 $6.7M Add +867.6%
WDAY Workday Inc. Class A 0.31% 27,824 $6.7M Reduce -59.9%
SAP Sap SE-Sponsored ADR 0.31% 24,833 $6.6M Reduce -54.8%
DUOL Duolingo 0.30% 20,206 $6.5M New
NFLX Netflix Inc. 0.30% 5,391 $6.5M New
VST Vistra Corp. 0.29% 32,083 $6.3M Reduce -85.8%
DHI D.R. Horton Inc. 0.29% 36,793 $6.2M Reduce -26.3%
TPG TPG Inc. 0.29% 107,476 $6.2M Add +15.0%
TSLA Tesla Inc. 0.29% 13,770 $6.1M Reduce -89.2%
UAL United Airlines Holdings Inc. 0.29% 63,319 $6.1M Add +5.9%
MGA Magna International Inc. 0.28% 128,656 $6.1M Add +296.5%
RL Ralph Lauren Corp. 0.28% 19,076 $6.0M Add +17.5%
RACE Ferrari NV 0.28% 12,274 $6.0M New
CME Cme Group Inc. 0.28% 22,041 $6.0M Reduce -64.8%
U Unity Software Inc. 0.27% 142,886 $5.7M Reduce -60.2%
RKLB Rocket Lab Corp. 0.26% 118,435 $5.7M Add +1.2%
CRM Salesforce Inc. 0.25% 22,983 $5.4M Reduce -44.8%
XOP SS SPDR S&P Og Exp & Prod 0.25% 41,064 $5.4M Reduce -66.9%
CDE Coeur Mining Inc. 0.25% 288,991 $5.4M New
FND Floor & Decor Holdings Inc. Class A 0.25% 72,797 $5.4M Add +998.3%
HAL Halliburton Co. 0.25% 216,542 $5.3M Reduce -12.5%
CRS Carpenter Technology 0.25% 21,648 $5.3M Reduce -62.7%
KRE SS SPDR S&P Regional Bank 0.25% 83,043 $5.3M Reduce -79.0%
LKQ LKQ Corp. 0.24% 169,795 $5.2M Add +672.7%
CMC Commercial Metals Co. 0.24% 90,395 $5.2M Add +54.1%
ARES Ares Management Corp. Class A 0.24% 31,629 $5.1M Reduce -82.3%
BCE Bce Inc. 0.23% 211,836 $5.0M Reduce -58.6%
RCL Royal Caribbean Cruises Ltd. 0.22% 14,647 $4.7M Reduce -90.9%
ALB Albemarle Corp. 0.22% 57,538 $4.7M Add +127.0%
CCJ Cameco Corp. 0.22% 55,381 $4.6M Reduce -88.7%
KKR KKR & Co. Inc. 0.21% 34,833 $4.5M New
FIX Comfort Systems USA Inc. 0.21% 5,472 $4.5M New
TOL Toll Brothers Inc. 0.21% 32,379 $4.5M New
VRT Vertiv Holdings Co. Class A 0.21% 29,437 $4.4M New
KDP Keurig Dr Pepper Inc. 0.20% 171,199 $4.4M New
CHWY Chewy Inc. Class A 0.20% 106,685 $4.3M Reduce -76.8%
VOO Vanguard S&P 500 ETF 0.20% 7,006 $4.3M Reduce -94.6%
ECHO Echostar Corp. Class A 0.20% 55,300 $4.2M Reduce -2.9%
ENTG Entegris Inc. 0.20% 45,447 $4.2M Add +1000.9%
RBRK Rubrik Inc. Class A 0.20% 50,796 $4.2M New
CLX Clorox Company 0.19% 33,719 $4.2M Reduce -71.5%
CTRA Coterra Energy Inc. 0.19% 174,471 $4.1M New
KTOS Kratos Defense & Security 0.19% 45,112 $4.1M Reduce -1.4%
W Wayfair Inc. Class A 0.19% 45,777 $4.1M Reduce -42.9%
WBD Warner Bros Discovery Inc. 0.19% 205,195 $4.0M Reduce -62.0%
STRL Sterling Infrastructure Inc. 0.19% 11,765 $4.0M New
SEZL Sezzle Inc. 0.18% 49,353 $3.9M Add +330.2%
CLH Clean Harbors Inc. 0.18% 16,756 $3.9M Reduce -43.2%
CDNS Cadence Design SYS Inc. 0.18% 11,051 $3.9M Reduce -92.0%
TECK Teck Resources Ltd.-CLS B 0.18% 88,228 $3.9M Reduce -53.5%
HII Huntington Ingalls Industrie 0.18% 13,281 $3.8M New
CW Curtiss-Wright Corp. 0.18% 7,003 $3.8M New
AAON Aaon Inc. 0.18% 40,491 $3.8M Add +769.1%
MBLY Mobileye Global Inc. Class A 0.17% 264,467 $3.7M Add +1298.1%
SN Sharkninja Inc. 0.17% 35,005 $3.6M Add +1660.8%
LNWO Light & Wonder Inc. 0.17% 43,004 $3.6M Add +52.8%
JBHT Hunt (jb) Transprt SVCS Inc. 0.17% 26,827 $3.6M Add +51.3%
ELF Elf Beauty Inc. 0.17% 27,121 $3.6M Add +13.8%
FLUT Flutter Entertainment PLC-Di 0.17% 14,094 $3.6M Reduce -61.6%
GFS Globalfoundries Inc. 0.16% 98,531 $3.5M New
FHN First Horizon Corp. 0.16% 155,100 $3.5M Add +341.1%
IT Gartner Inc. 0.16% 13,297 $3.5M New
TPR Tapestry Inc. 0.16% 30,742 $3.5M Reduce -91.2%
CEG Constellation Energy 0.16% 10,571 $3.5M Reduce -74.7%
LSCC Lattice Semiconductor Corp. 0.16% 46,817 $3.4M Reduce -52.3%
CAR Avis Budget Group Inc. 0.16% 21,133 $3.4M Add +44.4%
ADM Archer-Daniels-Midland Co. 0.16% 56,710 $3.4M New
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.16% 3,527 $3.4M Reduce -29.0%
CSCO Cisco Systems Inc. 0.16% 48,618 $3.3M New
NXPI NXP Semiconductors NV 0.15% 14,479 $3.3M New
USFD US Foods Holding Corp. 0.15% 42,844 $3.3M Add +8.2%
CPNG Coupang Inc. 0.15% 101,491 $3.3M New
INTU Intuit Inc. 0.15% 4,759 $3.2M New
NRG NRG Energy Inc. 0.15% 20,065 $3.2M Reduce -68.5%
AAL American Airlines Group Inc. 0.15% 281,552 $3.2M New
CGNX Cognex Corp. 0.15% 69,554 $3.2M New
DDOG Datadog Inc. Class A 0.14% 21,816 $3.1M New
PHM Pultegroup Inc. 0.14% 23,350 $3.1M New
MU Micron Technology Inc. 0.14% 18,197 $3.0M Reduce -40.7%
OMC Omnicom Group 0.14% 35,905 $2.9M Add +3476.2%
TM Toyota Motor Corp. -Spon ADR 0.14% 15,281 $2.9M Reduce -74.1%
ON On Semiconductor 0.14% 59,189 $2.9M Reduce -58.9%
PODD Insulet Corp. 0.14% 9,447 $2.9M New
MAS Masco Corp. 0.13% 40,785 $2.9M Add +30.8%
STZ Constellation Brands Inc. Class A 0.13% 21,184 $2.9M Reduce -70.5%
RIOT Riot Platforms Inc. 0.13% 149,710 $2.8M New
UPST Upstart Holdings Inc. 0.13% 55,371 $2.8M Reduce -58.1%
COST Costco Wholesale Corp. 0.13% 3,024 $2.8M New
ALC Alcon Inc. filed as ALCON AG 0.13% 37,446 $2.8M Reduce -70.2%
SHAK Shake Shack Inc. Class A 0.13% 29,411 $2.8M New
QCOM Qualcomm Inc. 0.13% 16,112 $2.7M Reduce -37.5%
AWK American Water Works Co. Inc. 0.12% 19,171 $2.7M Add +26.9%
BBY Best Buy Co. Inc. 0.12% 35,238 $2.7M New
JOBY Joby Aviation Inc. 0.12% 164,940 $2.7M New
BRBR Bellring Brands Inc. 0.12% 73,015 $2.7M New
TXN Texas Instruments Inc. 0.12% 13,877 $2.5M New
DOCS Doximity Inc. Class A 0.12% 34,455 $2.5M New
SNPS Synopsys Inc. 0.12% 5,043 $2.5M Reduce -87.1%
RCI Rogers Communications Inc. Class B 0.12% 72,082 $2.5M Reduce -74.9%
PAYX Paychex Inc. 0.12% 19,491 $2.5M Add +867.8%
VFC VF Corp. 0.11% 167,568 $2.4M New
CNM Core & Main Inc. Class A 0.11% 44,798 $2.4M Reduce -80.4%
HPQ HP Inc. 0.11% 87,688 $2.4M Reduce -74.1%
BA The Boeing Co. 0.11% 11,019 $2.4M New
AMKR Amkor Technology Inc. 0.11% 82,886 $2.4M Add +3.4%
P Everpure Inc. Class A filed as PURE STORAGE INC 0.11% 27,650 $2.3M Reduce -83.9%
MARA Mara Holdings Inc. 0.11% 125,158 $2.3M Reduce -59.6%
OC Owens Corning 0.11% 16,068 $2.3M Reduce -54.0%
EQT Eqt Corp. 0.11% 41,478 $2.3M New
DOC Healthpeak Properties Inc. 0.10% 115,279 $2.2M Reduce -45.4%
PATH Uipath Inc. Class A 0.10% 162,160 $2.2M Reduce -35.2%
ULS Ul Solutions Inc. Class A 0.10% 30,369 $2.2M Add +647.5%
CNP Centerpoint Energy Inc. 0.10% 55,385 $2.1M Add +261.1%
JBL Jabil Inc. 0.10% 9,825 $2.1M New
MSTR Strategy Inc. 0.10% 6,600 $2.1M Reduce -86.5%
DAR Darling Ingredients Inc. 0.10% 67,453 $2.1M New
NTR Nutrien Ltd. 0.09% 34,322 $2.0M New
AES AES Corp. 0.09% 151,639 $2.0M New
FLEX Flex Ltd. 0.09% 34,289 $2.0M New
CZR Caesars Entertainment Inc. 0.09% 71,212 $1.9M Reduce -69.3%
MNDY Monday.com Ltd. 0.09% 9,771 $1.9M New
IONS Ionis Pharmaceuticals Inc. 0.09% 28,575 $1.9M New
GPN Global Payments Inc. 0.09% 22,464 $1.9M New
EPAM Epam Systems Inc. 0.09% 12,281 $1.9M New
NEE Nextera Energy Inc. 0.09% 24,304 $1.8M New
BAH Booz Allen Hamilton Holdings 0.09% 18,270 $1.8M Reduce -70.4%
EBAY eBay Inc. 0.08% 19,983 $1.8M New
MANH Manhattan Associates Inc. 0.08% 8,538 $1.8M Reduce -17.6%
MIR Mirion Technologies Inc. 0.08% 75,118 $1.7M Add +89.8%
XME SS SPDR S&P Metals Mining 0.08% 18,658 $1.7M New
KR Kroger Co. 0.08% 25,497 $1.7M New
DEO Diageo PLC-Sponsored ADR 0.08% 17,813 $1.7M Reduce -55.6%
CMA Comerica Inc. 0.08% 23,917 $1.6M New
RIVN Rivian Automotive Inc. Class A 0.08% 110,265 $1.6M Add +188.8%
FCX Freeport-McMoran Inc. 0.08% 41,200 $1.6M Reduce -89.8%
IESC Ies Holdings Inc. filed as IES HLDGS INC 0.08% 4,059 $1.6M New
LDOS Leidos Holdings Inc. 0.08% 8,515 $1.6M Reduce -94.8%
PSA Public Storage 0.07% 5,487 $1.6M New
IVZ Invesco Ltd. 0.07% 65,353 $1.5M Reduce -71.3%
TEL Te Connectivity PLC 0.07% 6,802 $1.5M Add +22.4%
WWD Woodward Inc. 0.07% 5,794 $1.5M Reduce -83.3%
CHTR Charter Communications Inc. Class A 0.07% 5,304 $1.5M Add +952.4%
TFII Tfi International Inc. 0.07% 16,527 $1.5M Reduce -76.4%
AMGN Amgen Inc. 0.07% 5,150 $1.5M Add +144.2%
MOD Modine Manufacturing Co. 0.07% 10,195 $1.4M New
CART Maplebear Inc. 0.07% 38,687 $1.4M New
C Citigroup Inc. 0.07% 13,958 $1.4M Reduce -71.8%
AGNC AGNC Investment Corp. 0.06% 140,591 $1.4M New
GAP The Gap Inc. 0.06% 64,284 $1.4M Reduce -43.2%
HIMS Hims & Hers Health Inc. 0.06% 24,027 $1.4M New
KHC The Kraft Heinz Co. 0.06% 51,590 $1.3M Reduce -3.6%
HUM Humana Inc. 0.06% 5,106 $1.3M New
TTMI TTM Technologies 0.06% 23,054 $1.3M New
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.06% 12,693 $1.3M Reduce -86.5%
NWSA News Corp. Class A 0.06% 42,384 $1.3M Reduce -43.1%
ROKU Roku Inc. 0.06% 12,990 $1.3M Reduce -73.7%
FDX FedEx Corp. 0.06% 5,432 $1.3M Add +177.8%
GEN Gen Digital Inc. 0.06% 44,623 $1.3M New
APLD Applied Digital Corp. 0.06% 54,518 $1.3M New
WLK Westlake Corp. 0.06% 16,037 $1.2M Reduce -45.4%
EWG iShares MSCI Germany ETF 0.06% 28,939 $1.2M Reduce -31.8%
CSL Carlisle Cos Inc. 0.06% 3,604 $1.2M New
HL Hecla Mining Co. 0.06% 97,784 $1.2M New
LEU Centrus Energy Corp. Class A 0.06% 3,809 $1.2M New
JCI Johnson Controls Internation 0.05% 10,365 $1.1M Reduce -61.5%
OKE Oneok Inc. 0.05% 15,290 $1.1M New
PCAR Paccar Inc. 0.05% 11,345 $1.1M New
QRVO Qorvo Inc. 0.05% 11,937 $1.1M Add +590.8%
AGI Alamos Gold Inc. Class A 0.05% 30,755 $1.1M Reduce -84.3%
CFLT Confluent Inc. Class A 0.05% 53,245 $1.1M Reduce -88.7%
AG First Majestic Silver Corp. 0.05% 84,157 $1.0M New
SLM SLM Corp. 0.05% 36,919 $1.0M Add +73.4%
WCC Wesco International Inc. 0.05% 4,810 $1.0M New
CALM Cal-Maine Foods Inc. 0.05% 10,697 $1.0M Add +113.3%
RKT Rocket Cos Inc. Class A 0.05% 51,567 $999K New
EGO Eldorado Gold Corp. 0.04% 33,217 $960K New
PINS Pinterest Inc. Class A 0.04% 29,349 $944K Reduce -91.5%
KNSL Kinsale Capital Group Inc. 0.04% 2,217 $943K New
DOV Dover Corp. 0.04% 5,618 $937K Reduce -85.9%
BILL Bill Holdings Inc. 0.04% 17,472 $925K Reduce -88.9%
BG Bunge Global SA 0.04% 11,287 $917K Reduce -87.5%
BLDR Builders Firstsource Inc. 0.04% 7,518 $912K Reduce -82.5%
IDCC Interdigital Inc. 0.04% 2,582 $891K Add +78.4%
AVAV Aerovironment Inc. 0.04% 2,812 $885K Add +15.0%
EXAS Exact Sciences Corp. 0.04% 15,967 $874K New
RRC Range Resources Corp. 0.04% 23,121 $870K New
WING Wingstop Inc. 0.04% 3,399 $855K Reduce -89.1%
TU Telus Corp. 0.04% 54,017 $852K Reduce -34.0%
OWL Blue Owl Capital Inc. 0.04% 48,449 $820K Reduce -95.5%
FIVE Five Below 0.04% 5,090 $787K New
XPO Xpo Inc. 0.04% 5,938 $768K Reduce -58.4%
CTAS Cintas Corp. 0.04% 3,657 $751K Reduce -89.8%
ALK Alaska Air Group Inc. 0.03% 14,759 $735K New
CNQ Canadian Natural Resources 0.03% 22,987 $735K Reduce -84.7%
FSLR First Solar Inc. 0.03% 3,282 $724K Reduce -47.9%
LINE Lineage Inc. 0.03% 18,595 $719K New
VIK Viking Holdings Ltd. 0.03% 11,425 $710K New
FNV Franco-Nevada Corp. 0.03% 3,172 $707K Reduce -94.7%
CACC Credit Acceptance Corp. 0.03% 1,462 $683K Reduce -80.0%
NBIX Neurocrine Biosciences Inc. 0.03% 4,810 $675K New
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.03% 6,576 $670K New
MT Arcelormittal-NY Registered 0.03% 18,465 $668K New
TECH Bio-Techne Corp. 0.03% 10,800 $601K Reduce -76.3%
HMC Honda Motor Co. Ltd.-Spons ADR 0.03% 19,164 $590K Reduce -91.7%
RMBS Rambus Inc. 0.03% 5,624 $586K New
SWK Stanley Black & Decker Inc. 0.03% 7,792 $579K New
ZBH Zimmer Biomet Holdings Inc. 0.03% 5,778 $569K New
PWR Quanta Services Inc. 0.03% 1,371 $568K Reduce -99.2%
PSN Parsons Corp. 0.03% 6,695 $555K Reduce -92.4%
CAG Conagra Brands Inc. 0.03% 30,237 $554K Reduce -64.5%
RYAN Ryan Specialty Holdings Inc. 0.03% 9,775 $551K New
DGX Quest Diagnostics Inc. 0.03% 2,850 $543K Reduce -73.0%
AXP American Express Co. 0.03% 1,615 $536K New
RGLD Royal Gold Inc. 0.02% 2,586 $519K New
ESTC Elastic NV 0.02% 6,074 $513K New
MOS The Mosaic Co. 0.02% 14,665 $509K New
PNC PNC Financial Services Group 0.02% 2,527 $508K New
EWH iShares MSCI Hong Kong ETF 0.02% 22,597 $487K New
FOXA Fox Corp. Class A 0.02% 7,450 $470K New
WMG Warner Music Group Corp. Class A 0.02% 13,666 $465K New
MTN Vail Resorts Inc. 0.02% 3,071 $459K Add +33.8%
FLS Flowserve Corp. 0.02% 8,296 $441K New
OZK Bank Ozk 0.02% 8,541 $435K New
CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO 0.02% 5,450 $435K Reduce -98.8%
ETR Entergy Corp. 0.02% 4,443 $414K New
GWRE Guidewire Software Inc. 0.02% 1,764 $405K Reduce -90.1%
LNTH Lantheus Holdings Inc. 0.02% 7,902 $405K New
STLD Steel Dynamics Inc. 0.02% 2,876 $401K New
IONQ Ionq Inc. 0.02% 6,275 $386K Reduce -16.3%
TXT Textron Inc. 0.02% 4,459 $377K New
VRSN Verisign Inc. 0.02% 1,307 $365K New
MTDR Matador Resources Co. 0.02% 7,513 $338K New
VNO Vornado Realty Trust 0.02% 8,184 $332K New
GPK Graphic Packaging Holding Co. 0.02% 16,907 $331K New
EMN Eastman Chemical Co. 0.02% 5,171 $326K New
SCHW Schwab (charles) Corp. 0.01% 3,303 $315K New
NVO Novo-Nordisk A/S-Spons ADR 0.01% 5,626 $312K Reduce -97.7%
LVS Las Vegas Sands Corp. 0.01% 5,509 $296K Reduce -96.8%
ALLY Ally Financial Inc. 0.01% 7,412 $291K Add +104.9%
APG Api Group Corp. 0.01% 8,399 $289K New
SAIA Saia Inc. 0.01% 861 $258K New
TOST Toast Inc. Class A 0.01% 7,037 $257K Reduce -85.4%
KBE SS SPDR S&P Bank ETF 0.01% 4,323 $257K Reduce -57.0%
UBER Uber Technologies Inc. 0.01% 2,599 $255K Reduce -95.8%
LRN Stride Inc. 0.01% 1,676 $250K Reduce -73.5%
CWAN Clearwater Analytics HDS-A 0.01% 12,935 $233K New
CRL Charles River Laboratories 0.01% 1,485 $232K New
QS Quantumscape Corp. 0.01% 18,236 $225K New
CRK Comstock Resources Inc. 0.01% 11,110 $220K New
VRNS Varonis Systems Inc. 0.01% 3,674 $211K New
SGI Somnigroup International Inc. 0.01% 2,497 $211K Reduce -91.8%
CPAY Corpay Inc. 0.01% 669 $193K New
BIRK Birkenstock Holding PLC 0.01% 4,199 $190K New
INCY Incyte Corp. 0.01% 2,238 $190K Reduce -88.9%
BRKR Bruker Corp. 0.01% 5,616 $182K Reduce -64.2%
ARE Alexandria Real Estate Equit 0.01% 2,179 $182K New
MGM MGM Resorts International 0.01% 5,066 $176K Reduce -97.8%
CRDO Credo Technology Group Holdi 0.01% 1,150 $167K Reduce -96.9%
FERG Ferguson Enterprises Inc. 0.01% 695 $156K Reduce -20.2%
REG Regency Centers Corp. 0.01% 2,141 $156K Reduce -19.0%
MTSI Macom Technology Solutions H 0.01% 1,250 $156K Reduce -98.3%
BMI Badger Meter Inc. 0.01% 864 $154K Add +21500.0%
DJT Trump Media & Technology Gro 0.01% 9,118 $150K Reduce -93.2%
AON Aon PLC Class A 0.01% 411 $147K New
GNRC Generac Holdings Inc. 0.01% 796 $133K Reduce -99.0%
MRNA Moderna Inc. 0.01% 5,046 $130K Reduce -93.5%
CACI Caci International Inc. Class A 0.01% 229 $114K Reduce -99.2%
TREX Trex Company Inc. 0.01% 2,200 $114K New
EVR Evercore Inc. Class A 0.01% 334 $113K Reduce -99.6%
TTEK Tetra Tech Inc. 0.01% 3,300 $110K Reduce -98.1%
SONY Sony Group Corp. - SP ADR 0.00% 2,873 $83K Reduce -96.5%
TKO Tko Group Holdings Inc. 0.00% 393 $79K Reduce -99.5%
DRS Leonardo DRS Inc. 0.00% 1,384 $63K Reduce -95.5%
EME Emcor Group Inc. 0.00% 96 $62K New
AZN Astrazeneca PLC-Spons ADR 0.00% 799 $61K New
DD Dupont DE Nemours Inc. 0.00% 643 $50K Reduce -97.0%
ONTO Onto Innovation Inc. 0.00% 379 $49K Reduce -97.5%
IQV Iqvia Holdings Inc. 0.00% 204 $39K Add +85.5%
F Ford Motor Co. filed as FORD MTR CO 0.00% 1,742 $21K New
DE Deere & Co. 0.00% 23 $11K New
SANM Sanmina Corp. 0.00% 87 $10K New
RELX Relx PLC - Spon ADR 0.00% 192 $9K New
NFG National Fuel Gas Co. 0.00% 60 $6K New
PIPR Piper Sandler Cos 0.00% 12 $4K New
GKOS Glaukos Corp. 0.00% 43 $4K Reduce -99.8%
ORA Ormat Technologies Inc. 0.00% 17 $2K New
AGCO Agco Corp. 0.00% 13 $1K New
WY Weyerhaeuser Co. 0.00% 26 $645 New
EXLS Exlservice Holdings Inc. 0.00% 11 $484 Reduce -99.9%
BLD Topbuild Corp. 0.00% 1 $391 New
SMFG Sumitomo Mitsui-Spons ADR 0.00% 3 $50 New
EXEL Exelixis Inc. 0.00% 1 $41 New
ADT Adt Inc. 0.00% 1 $9 New

Options reported separately and not counted above: GLD puts ($1.5B), SPY calls ($1.4B), SPY puts ($848.3M), IAU puts ($596.0M), AAPL calls ($317.8M), MU puts ($225.0M), TSLA puts ($211.4M), AMD puts ($200.9M), SLV puts ($161.5M), GDX calls ($159.2M), XLV calls ($157.6M), AMAT puts ($133.5M), and 1011 more.

Portfolio Sells Q2 2025 → Q3 2025
PWR Quanta Services Inc. Reduce -99.2% 0.03% −1.70
VOO Vanguard S&P 500 ETF Reduce -94.6% 0.20% −1.65
HPE Hewlett Packard Enterprise Sold out 0.00% −1.17
RCL Royal Caribbean Cruises Ltd. Reduce -90.9% 0.22% −1.05
ASML ASML Holding NV-NY Reg SHS Sold out 0.00% −0.94
CDNS Cadence Design SYS Inc. Reduce -92.0% 0.18% −0.90
QQQ Invesco QQQ Trust Series 1 Sold out 0.00% −0.87
LULU Lululemon Athletica Inc. Reduce -76.6% 0.40% −0.84
VST Vistra Corp. Reduce -85.8% 0.29% −0.81
CM Can Imperial BK of Commerce Reduce -98.8% 0.02% −0.79
HWM Howmet Aerospace Inc. Reduce -74.7% 0.76% −0.78
ROST Ross Stores Inc. Sold out 0.00% −0.76
WPM Wheaton Precious Metals Corp. Sold out 0.00% −0.76
GE General Electric Sold out 0.00% −0.74
TSLA Tesla Inc. Reduce -89.2% 0.29% −0.73
XLK SS Technology Select Sector Reduce -69.4% 1.23% −0.72
TTWO Take-Two Interactive Softwre Sold out 0.00% −0.71
BRK.B Berkshire Hathaway Inc. Class B Sold out 0.00% −0.70
ETN Eaton Corp. PLC Sold out 0.00% −0.70
CCJ Cameco Corp. Reduce -88.7% 0.22% −0.70
ADI Analog Devices Inc. Sold out 0.00% −0.66
SMH Vaneck Semiconductor ETF Reduce -68.5% 1.37% −0.64
ANET Arista Networks Inc. Sold out 0.00% −0.62
TPR Tapestry Inc. Reduce -91.2% 0.16% −0.61
EVR Evercore Inc. Class A Reduce -99.6% 0.01% −0.58
LDOS Leidos Holdings Inc. Reduce -94.8% 0.08% −0.58
OXY Occidental Petroleum Corp. Sold out 0.00% −0.56
CAH Cardinal Health Inc. Sold out 0.00% −0.55
ARES Ares Management Corp. Class A Reduce -82.3% 0.24% −0.54
CLS Celestica Inc. Sold out 0.00% −0.52
IGV iShares Expanded Tech-Softwa Reduce -59.2% 1.99% −0.51
SNOW Snowflake Inc. Sold out 0.00% −0.50
OWL Blue Owl Capital Inc. Reduce -95.5% 0.04% −0.49
ABNB Airbnb Inc. Class A Sold out 0.00% −0.45
NTRS Northern Trust Corp. Sold out 0.00% −0.45
EEM iShares MSCI Emerging Market Sold out 0.00% −0.45
COHR Coherent Corp. Sold out 0.00% −0.44
SOXX iShares Semiconductor ETF Reduce -65.5% 1.17% −0.44
MO Altria Group Inc. Sold out 0.00% −0.43
NVO Novo-Nordisk A/S-Spons ADR Reduce -97.7% 0.01% −0.41
SPYM Ste STR SPDR PT S&P 500 ETF Sold out 0.00% −0.41
MSTR Strategy Inc. Reduce -86.5% 0.10% −0.40
TKO Tko Group Holdings Inc. Reduce -99.5% 0.00% −0.40
WMB Williams Cos Inc. Sold out 0.00% −0.40
SNPS Synopsys Inc. Reduce -87.1% 0.12% −0.39
BNY Bank of New York Mellon Corp. Sold out 0.00% −0.39
KEY Keycorp Sold out 0.00% −0.38
PM Philip Morris International Reduce -68.5% 0.40% −0.37
INDA iShares MSCI India ETF Sold out 0.00% −0.37
FTNT Fortinet Inc. Sold out 0.00% −0.37

Portfolio Buys Q2 2025 → Q3 2025
SPY SS SPDR S&P 500 ETF Trust-US New 2.74% +2.74
XBI SS SPDR S&P Biotech ETF Add +81.2% 3.12% +2.35
STX Seagate Technology Holdings New 1.88% +1.88
GDXJ Vaneck Junior Gold Miners Add +51.9% 2.26% +1.72
GLW Corning Inc. Add +38.5% 1.71% +1.28
KLAC KLA Corp. Add +22506.7% 1.20% +1.19
COIN Coinbase Global Inc. Class A New 1.15% +1.15
TMO Thermo Fisher Scientific Inc. Add +98.8% 1.34% +1.03
MS Morgan Stanley Add +66.0% 1.35% +0.96
CVS CVS Health Corp. New 0.96% +0.96
GOOGL Alphabet Inc. Class A New 0.96% +0.96
META Meta Platforms Inc. Class A New 0.88% +0.88
XLF SS Financial Select Sector Add +102.8% 1.15% +0.85
WDC Western Digital Corp. Add +162.9% 0.94% +0.83
GLD SPDR Gold Shares Add +40.2% 1.16% +0.77
B Barrick Mining Corp. Add +122.4% 0.84% +0.71
CIEN Ciena Corp. Add +35.5% 0.89% +0.70
ENB Enbridge Inc. Add +208.1% 0.80% +0.68
IBM Intl Business Machines Corp. New 0.65% +0.65
NEM Newmont Corp. Add +1613.6% 0.66% +0.64
GFI Gold Fields Ltd.-Spons ADR New 0.64% +0.64
AVGO Broadcom Inc. New 0.64% +0.64
PEP Pepsico Inc. New 0.58% +0.58
LMT Lockheed Martin Corp. Add +50.4% 0.86% +0.57
IWM iShares Russell 2000 ETF New 0.55% +0.55
TMUS T-Mobile US Inc. New 0.53% +0.53
CMG Chipotle Mexican Grill Inc. Add +121.1% 0.81% +0.53
XYZ Block Inc. Add +202.7% 0.55% +0.46
QQQM Invesco Nasdaq 100 ETF New 0.46% +0.46
OR Or Royalties Inc. Add +2372.2% 0.44% +0.44
AMZN Amazon.com Inc. New 0.43% +0.43
REXR Rexford Industrial Realty Inc. New 0.41% +0.41
LHX L3HARRIS Technologies Inc. Add +68.8% 0.55% +0.41
DIA SS SPDR Dow Jones Indus Avg New 0.39% +0.39
CVE Cenovus Energy Inc. Add +123.6% 0.48% +0.39
AU Anglogold Ashanti PLC New 0.36% +0.36
LITE Lumentum Holdings Inc. New 0.36% +0.36
PFE Pfizer Inc. New 0.35% +0.35
ALNY Alnylam Pharmaceuticals Inc. New 0.34% +0.34
BROS Dutch Bros Inc. Class A Add +872.2% 0.36% +0.34
IMO Imperial Oil Ltd. New 0.34% +0.34
IFF Intl Flavors & Fragrances Add +1935.0% 0.34% +0.33
EWZ iShares MSCI Brazil ETF Add +2.3% 0.65% +0.33
ORLY O'reilly Automotive Inc. New 0.32% +0.32
DUOL Duolingo New 0.30% +0.30
NFLX Netflix Inc. New 0.30% +0.30
PAAS Pan American Silver Corp. Add +867.6% 0.31% +0.30
MDB Mongodb Inc. Add +37.3% 0.39% +0.29
RACE Ferrari NV New 0.28% +0.28
LEN Lennar Corp. Class A Add +212.2% 0.32% +0.27

Options Activity Q2 2025 → Q3 2025
GLD SPDR Gold Shares put Reduce -19.1% 4,141,800 $1.5B
SPY SS SPDR S&P 500 ETF Trust-US call Reduce -82.2% 2,120,300 $1.4B
QQQ Invesco QQQ Trust Series 1 put Sold out 1,570,400 $866.3Mbefore exit
SPY SS SPDR S&P 500 ETF Trust-US put Reduce -75.8% 1,273,400 $848.3M
IAU iShares Gold Trust put Add +27.1% 8,189,600 $596.0M
IWM iShares Russell 2000 ETF put Sold out 2,335,600 $504.0Mbefore exit
AAPL Apple Inc. call Reduce -50.3% 1,247,900 $317.8M
QQQ Invesco QQQ Trust Series 1 call Sold out 431,400 $238.0Mbefore exit
MU Micron Technology Inc. put Reduce -44.8% 1,344,500 $225.0M
TSLA Tesla Inc. put Reduce -47.3% 475,400 $211.4M
AMD Advanced Micro Devices put Reduce -33.7% 1,241,600 $200.9M
SLV iShares Silver Trust put Reduce -51.8% 3,812,000 $161.5M
GDX Vaneck Gold Miners ETF call Add +34.3% 2,084,300 $159.2M
XLV SS Health Care Select Sector call Reduce -51.7% 1,132,200 $157.6M
INTU Intuit Inc. put Sold out 199,800 $157.4Mbefore exit
GEV GE Vernova Inc. call Sold out 257,500 $136.3Mbefore exit
AMAT Applied Materials Inc. put Add +482.8% 652,100 $133.5M
GLD SPDR Gold Shares call Reduce -22.8% 373,000 $132.6M
ANET Arista Networks Inc. put Reduce -17.1% 901,100 $131.3M
ASML ASML Holding NV-NY Reg SHS put Reduce -18.4% 135,100 $130.8M
SOXX iShares Semiconductor ETF call Reduce -45.1% 476,700 $129.2M
AMGN Amgen Inc. call Add +475.9% 455,500 $128.5M
DELL Dell Technologies -C call Add +13.7% 870,400 $123.4M
ORCL Oracle Corp. put Reduce -76.8% 431,800 $121.4M
ARM Arm Holdings PLC-ADR put Reduce -24.0% 802,100 $113.5M
ORCL Oracle Corp. call Reduce -64.3% 403,300 $113.4M
META Meta Platforms Inc. Class A put Reduce -54.4% 152,600 $112.1M
PANW Palo Alto Networks Inc. put Add +1.1% 531,700 $108.3M
DIA SS SPDR Dow Jones Indus Avg put Reduce -37.0% 232,900 $108.0M
AMZN Amazon.com Inc. put Sold out 469,300 $103.0Mbefore exit
MSFT Microsoft Corp. call Reduce -81.8% 197,300 $102.2M
JNJ Johnson & Johnson call Reduce -7.2% 531,500 $98.6M
XLF SS Financial Select Sector put Sold out 1,877,300 $98.3Mbefore exit
AMD Advanced Micro Devices call Reduce -35.5% 593,000 $95.9M
TSLA Tesla Inc. call Reduce -20.6% 211,200 $93.9M
EEM iShares MSCI Emerging Market put Sold out 1,943,200 $93.7Mbefore exit
SHOP Shopify Inc. Class A put Reduce -38.8% 626,500 $93.1M
VZ Verizon Communications Inc. call Reduce -33.4% 2,091,300 $91.9M
EFA iShares MSCI Eafe ETF call Add +65.1% 975,900 $91.1M
SOFI Sofi Technologies Inc. put Reduce -49.5% 3,379,800 $89.3M
CRWD CrowdStrike Holdings Inc. Class A put Reduce -58.4% 180,000 $88.3M
AAPL Apple Inc. put Reduce -69.4% 345,100 $87.9M
MU Micron Technology Inc. call Reduce -35.1% 515,300 $86.2M
NKE Nike Inc. Class B put Reduce -1.6% 1,230,900 $85.8M
DIA SS SPDR Dow Jones Indus Avg call Sold out 194,500 $85.7Mbefore exit
XLP SS Consumer Staples Sel Sect put Sold out 1,050,300 $85.0Mbefore exit
IBM Intl Business Machines Corp. put Add +20.9% 300,100 $84.7M
LLY Eli Lilly & Co. put Add +86.5% 107,400 $81.9M
AEP American Electric Power call Reduce -15.7% 723,100 $81.3M
COIN Coinbase Global Inc. Class A put Reduce -52.4% 240,600 $81.2M

Showing the first 50 of 1,279.

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 420$642.1MMSFT, IAU, NFLX, GLD, ORCL
Q1 2026 385$476.2MIAU, GLD, NOW, LYB, MSFT
Q4 2025 350$976.2MTER, COIN, GLW, NKE, XYZ
Q3 2025 390$2.1BXBI, SPY, GDXJ, IGV, STX
Q2 2025 433$4.0BIGV, SMH, XLK, VOO, PWR
Q1 2025 541$4.5BGOOGL, TSLA, AVGO, ORCL, BP
Q4 2024 480$4.1BPLTR, CRM, GWW, NFLX, ORCL
Q3 2024 504$4.3BXLF, INTC, ASML, ITB, IYR
Q2 2024 451$3.4BVST, MU, XLF, NTAP, EL
Q1 2024 382$4.4BMU, SMCI, XLF, NVDA, IWM